Nano-C lands $2.9m from US institute

Nano-C Inc. said today it has been awarded a $2.9 million in research-and-development funding from the National Institute of Standards and Technology.

The Westwood company is a developer of nanostructured carbon materials that can be used in such applications as alternative energy and improved medical therapies.

Nano-C said that its grant is for developing a novel manufacturing process for nanostructured carbon materials that will increase yields and reduce costs.
(By Chris Reidy, Globe staff)